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Auction Location: 3700 4th St SW, Mason City, IA 50401
Phone: 641-357-5417
Lot Categories: Collector Vehicles (1), Construction Material/Supplies (1)
Auction Closed
02/09/2021 07:40 pm
Closed
Due to the recent opening of the new ice arena in downtown Mason City, North Iowa Events Center is selling items from the former hockey facility located at the fairgrounds.
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Questions about items on this auction? Call (641) 357-5417 or email jon@traderauctionliq.com
If you need technical support, please contact K-BID using the following link: www.k-bid.com/contact
What we do:
Trader Auction & Liquidation is a K-BID Independent Affiliate conducting timed, online auctions for clients in northern and central Iowa and southern Minnesota. We are conveniently located 1 minute off I-35. Street address is 100 S 24th St, Clear Lake, IA 50428.
If you have any questions about this auction, please call Jon at 641-357-5417.
Policy Alert: Please read the new storage fee/lot abandonment policy on the Terms Tab.
INSPECTION:by appointment
CLOSING: Tuesday, February 9, 2021
PAYMENT: payment in full is due on or before February 16.
REMOVAL: by the end of FebruaryIMPORTANT NOTES ABOUT REMOVAL: Buyer is responsible for removal of the items within 2-3 weeks. Rink glass is stored in two rooms at opposite ends of the arena. In each case, panels will have to be hand carried a distance of about 40-50 feet to be accessible with a forktruck. A forklift is available to assist with moving your pallets out of the building to the loading area. Please bring labor sufficient to complete the removal, pallets and any gear you will need. We encourage bidders to come for an inspection ahead of the auction closing. North Iowa Events Center and Trader Auction & Liquidation are not responsible for injuries, accidents or property damage that may occur while on the premises.
| Bid Range | Minimum Increment | ||
|---|---|---|---|
| $0.01 | - | $75.00 | $1.00 |
| $75.01 | - | $150.00 | $5.00 |
| $150.01 | - | $250.00 | $10.00 |
| $250.01 | - | $500.00 | $25.00 |
| $500.01 | - | $1,000.00 | $50.00 |
| $1,000.01 | - | $5,000.00 | $75.00 |
| $5,000.01 | - | $50,000.00 | $100.00 |
| $50,000.01 | - | $75,000.00 | $250.00 |
| $75,000.01 | - | $100,000.00 | $500.00 |
| $100,000.01 | - | $2,500,000.00 | $1,000.00 |
| Hammer Price Tier | Buyer's Premium | Cap | |
|---|---|---|---|
| $0.00 - $4,999.99 | 13.00% | ||
| $5,000.00 - infinity | 10.00% | $1,000.00 | |
This auction is contracted and managed by: I-35 Auctions
Manager: Jon Tofte
PAYMENTS ARE DUE BY CLOSE OF BUSINESS ON FEB 16TH. Unpaid invoices left over at end of business on Feb. 16th will be listed as no-shows unless arrangements have been made.
Payment methods include cash, credit card up to $5,000, cashier's check, Apple Pay and wire transfers. Buyers are encouraged to pay online through the K-BID Dashboard prior to removal.
Check policy: Trader Auction & Liquidation accepts personal checks up to $2,500 with a valid photo I.D. Returned check fee is $35 or maximum allowable by law. We reserve the right to refuse any check. Amounts over $2,500 paid with check must be with certified funds.
13% Buyer's Premium applies to all items on this auction. Sales tax of 7% is applicable on some items. Contact us if you want to know if an item is subject to sales tax. As a general rule, sales tax will be added to items that would have been sold as retail goods or services by the seller in their normal course of business.
Resale Certificates: if you wish to claim a sales tax exemption on your purchases, please provide Trader Auction & Liquidation with a completed IOWA sales tax exemption form (copy this link to access the form: https://tax.iowa.gov/forms/iowa-salesuseexcise-tax-exemption-certificate-31-014 ). Resellers from out of state must also complete the Iowa form. Forms from your home state or universal forms will not be accepted.
NEW POLICY IN EFFECT SEPT 1, 2020: A daily storage rate of $1.50/day per lot will be owed on items held for pick up at a later date. This charge does not apply to lots being shipped. Maximum storage time for paid lots is 21 days following the closing of the auction. Paid lots left behind for more than 21 days are considered abandoned and will become the property of Trader Auction & Liquidation. No notice or reminders will be made.
Items have not been tested unless otherwise described in the lot descriptions. Trader Auction & Liquidation makes no warranty as to the condition of items offered herein. Buyer is responsible for inspecting equipment prior to purchase. Used equipment comes with used equipment issues, including minor mechanical issues, interior and exterior imperfections. Pick up day is not inspection day.
House of Sports and Trader Auction & Liquidation are not responsible for accidents, injuries or damage to property while visiting the auction site. Mask use and social distancing are required. If you do not wish to follow the mask policy, curbside service is available.
Auction managed by Trader Auction & Liquidation, Clear Lake, Iowa
Auction Terms Addendum
This auction is contracted and managed by an independent affiliate. By placing a bid, you agree to both the auction-specific terms listed on this page and the K-BID User Terms and Agreements.
Platform Role
K-BID Online, Inc. (“K-BID”) operates and maintains K-BID.com as a venue for independent auction companies (“Affiliates”) to conduct online auctions.
Affiliates are independent entities and are not employees, agents, or representatives of K-BID. K-BID’s knowledge of individual auctions is limited to the information provided on the website.
Bidder Responsibilities
By placing a bid, you confirm that you are at least 18 years old and agree to comply with all applicable terms.
Inspection & Removal
Inspection dates and times are provided for every auction. Bidders are strongly encouraged to inspect items prior to bidding.
Removal day is not an inspection day.
Once an auction closes and an invoice is issued, the winning bidder is obligated to complete the purchase.
Item Condition
All items are sold “as is, where is,” with no guarantees or warranties. Buyers are responsible for their own due diligence.
Buyer’s Premium
If applicable, Buyer’s Premium caps are applied per item, not per invoice.
Auction Process
Compliance & Enforcement
Failure to comply with auction terms, including removal requirements, may result in suspension of bidding privileges.
If bidding privileges are suspended due to unpaid invoices:
Duplicate accounts will be deactivated. Suspected fraudulent activity may result in bid removal, account holds, or permanent suspension. K-BID reserves the right to refuse service to any user and may refer fraudulent behavior to appropriate authorities.
Seller Conduct
Sellers and their agents are strictly prohibited from bidding on their own items.
Sales Tax
Applicable sales tax will be collected by the affiliate managing the auction.
Shipping not available for this auction
Online payments thru K-BID's Dashboard prior to removal are encouraged. Payment is due on or before Feb. 16, 2021
